Mizuho Financial Group

A Japanese ruling party panel called for promoting usage of yen-based stablecoins for settlement in Asia.

Banking & Finance

Japan’s largest banks to jointly issue stablecoins by March 2027

The lenders will set up a council to examine operational frameworks and prepare for the issuance

Mizuho's Asia-Pacific chief executive Koichi Zaiki (left) and Asia-Pacific banking head Joris Dierckx.

Companies & Markets

TOPLINE

Mizuho plans more Singapore hiring to power next phase of Asia growth

India tops the list of preferred investment destinations for Japanese clients, says Apac CEO Koichi Zaiki

MUFG, Japan's largest bank, expects net income to climb about 11 per cent to a record 2.7 trillion yen (S$21.7 billion) in the year ending March 2027.

Banking & Finance

Japan’s biggest banks expect another year of record profit

They project earnings will scale new heights as rising interest rates spur loan profitability

Mizuho also announced a share buyback of 100 billion yen.

International

Japan’s Mizuho Q4 profit surges almost seven times

It is at 228.7 billion yen for the quarter, compared with 30.1 billion yen in the year-ago period

Mizuho has about 15,000 clerical positions at its core banking units and other group companies.

Banking & Finance

Mizuho plans to replace 5,000 clerical jobs with AI in 10 years

Global banks are heavily investing in artificial intelligence to improve operations ranging from product development to risk management

In just three quarters, Mizuho booked more than 90% of its annual profit target of 1.13 trillion yen, which would be a record.

Banking & Finance

Mizuho reports 14% rise in Q3 profit, expands buyback programme

Its profit has increased to 329.9 billion yen from 289.2 billion yen in the year-ago period

Mizuho acquired Greenhill in 2023 as the Japanese bank sought to accelerate growth and expand its global investment banking business.

Banking & Finance

Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave

The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris

Asia’s offshore loan market has been weighed down by elevated dollar interest rates, geopolitical risks and heightened competition among global lenders as deal flow dwindles.

Banking & Finance

Senior loan bankers depart Mizuho, SMBC after Asia volumes slump

[TOKYO] Several senior loan bankers at Mizuho Financial Group and Sumitomo Mitsui Banking Corp. have left their roles in Asia, amid a slump in lending across the region that’s already prompted departu...

Mizuho Securities says that it will buy 61.6% to 78.3% of Avendus shares and make the bank a consolidated subsidiary.

Banking & Finance

Japan’s Mizuho to buy majority of India’s Avendus from KKR for up to 81 billion yen

The buyout adds to Japanese financial institutions’ growing footprint in India

Mizuho Bank Singapore CEO Josephine Lok (fourth from left, in blue) at Mizuho Foundation's festive gathering with seniors from Awwa Senior Community Home.

Lifestyle

TAKING HEART

Mizuho Singapore Foundation partners Awwa to bring festive cheer to needy seniors

The bank’s Gift-a-Smile programme saw more than 380 gifts distributed to low-income families

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